Video Case 1: Chobani: Making Greek Yogurt a Household Name, Chobani, a small startup company, used its marketing plan to move from a niche market to the mainstream yogurt market. From the start of the product launch, Chobani focused on the classic “4Ps” elements of marketing mix actions: product, price, place, and promotion. As the product and the market have expanded and matured, it has evolved its marketing strategy. The recent ad campaign, The Love This Life, ad campaign focusses on the strapline “To love this life is to live it naturally.”
Creating a marketing plan: According to Peter McGuinness, Chobani CMO, the objective of the slogan is to capture the “Mediterranean soul” of the brand rather than just to highlight its quality. This campaign moves from just highlight the quality of the product to how it improves life over all. The new ad campaign is expanding from TV to include social media and is meant to “refresh Chobani’s approach to marketing in a category that remains fast-growing and vibrant…”SourcesBuss, D. (2015, May 4). ‘Love This Life’: 5 Questions with Chobani Execs About New Campaign.
Retrieved June 30, 2016, from brandchannel.com: http://brandchannel.com/2015/05/04/5-questions-chobani-050415/Kerin, R. A. & Hartley, S. W. (2017). Marketing. (13th ed.). New York, New York: McGraw-Hill Education.Background on Chobani YogurtRead the video case in the textbook on pages 21- 23 (attached).Watch the Chobani case video https://www.viddler.com/embed/c48381cd/?f=1&autoplay=0&player=full&disablebranding=0
Based on the information provided, put yourself in the position of an marketing consultant brought in to the company to critically examine the campaign’s ability to meet its’ objectives, and then formulate a set of well-developed and supported recommendations to the company’s senior leadership team. The recommendation should be logically presented, well-supported, and thoroughly vetted.There are questions on the last page of the attachment, do not answer them. Just respond to the above paragraph.
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